LunarRay
Diamond Member
- Mar 2, 2003
- 9,993
- 1
- 76
Originally posted by: Dari
you people are overreacting. You're afraid of the future. You must accept reality and adapt to it.
If jobs are going overseas, it's only because cost is lower over there. New (kinds of) jobs are being created (here and there).
If you feel so strongly about jobs going to china or elsewhere, I need you to do two things: Admit that you could care less about poorer nations. And admit that sclerotic labor laws, not "greedy" corporations, are sending jobs elsewhere. Now, rev-up your hippie-mo-bile; get your banners in order, and march on Washington; advocating the recall of many labor laws, including, but not limited to, the minimum wage.
EDIT: Oh yea, and admit that you have no problem paying for the privilege of buying "Made in America" items, which usually carries a premium of 100%-1000%. The quality may not be better. But the politics certainly is. Think about it.
Like the current fiscal crises we have in California (more government/resources programs and less taxes via incredibly stupid referendums) and the White House (increased budget, less taxes), you can't have your cake and eat it too.
I am in favor of Isolation. That is; isolate to the extent we can. Establish a buy US made products manufactured by US owned companies via tax credit or what ever vehicle will effect this. Bring back the manufacturing base that will create the trickle down employment needs of this nation. No need to admit anything... The claim to Isolation suggests the chips fall where they may elsewhere. It is here that strength is needed first.
No hippy mobile needed. No change in minimum wage laws needed. Just the fullest employment as possible. Sure the prices will rise a bit. Well, lets examine this closer. The corporate folks are trying any method to maintain profitability and in this market saving cost by engaging overseas entities to do the work saves money. But, does it hit the market price? Not hardly. Increase the employment increases the demand which increases the supply to meet that demand. Now look at the cost structure. You have higher direct labor $ and higher labor in the overhead for service. (elements shopped overseas) but, you amortize the total overhead over an increase volume and unit cost goes down. You have an unfavorable labor $ variance offset by higher productivity (according to everyone) which almost nets out. You also have an increase in revenue which all together puts more $ on the bottom (EBIT) and everyone is happy as a clam.
So Dari, if you advocate continued shopping of jobs overseas because of minimum wage... when hardly anyone will work and survive at $6.75 an hour well... it makes no cents to me.. Is the current engineer worth 7$ an hour? Only McDonald's and Safeway stores baggers make $6.75 an hour.
Now if you'd pay Bush and his economic wizards their due it would be to shop their jobs to ... I don't know... maybe to the Islanders of Mauritius.